Summary of National and Local Subsidies for Vehicle Upgrade Program
2024/09/29
Subsidy Policy
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Hyundai IONIQ 3 World Premiere Set for April 2026 on E-GMP 400V Platform
Hyundai will unveil the production IONIQ 3 in April 2026. The compact electric SUV rides on the E-GMP 400V platform, sporting a closed grille, split LED light strips and a fast-back tail with integrated spoiler; a high-performance IONIQ 3 N is slated for 2027.
2026 Mercedes-AMG G 63 Spotted in Panda Wrap, 585 hp V8 Unchanged
Spied 2026 AMG G 63 keeps boxy 4871×1984×1984mm body, panda livery and side-exit quad pipes; 4.0T twin-turbo V8 still delivers 585 hp, with minor spec tweaks expected ahead of launch priced near the outgoing ¥2.6M.
2026 BMW iX1 Launches from ¥228k with X & M Sport Packs
BMW released the 2026 iX1 compact electric SUV: four trims priced ¥228-268k, X-Line and M Sport packs carried over. The facelift keeps rhombus-filled kidney grilles, L-shape air curtains and 4616×1845×1641mm body on 2802mm wheelbase, adding half-flush handles and five-spoke wheels for sharper looks.
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GAC Spins Off Trumpchi BU in Do-or-Die Reform Under “Panyu Action”
GAC Trumpchi BU, adding a second pillar alongside Hyper-Aion BU and Huawei-powered Qijing brand to cover premium to mass segments. The unit consolidates R&D, manufacturing and sales for faster decisions, aiming to reverse Trumpchi’s 23.8 % Jan-Apr sales drop, unclear PHEV/BEV strategy and slow retail response, while securing cash-flow from ICE & hybrid volume.
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Facelifted S-Class Teased: 2,700 New Parts, Illuminated Star, MB.OS Debuts
Mercedes teased the heavily revamped S-Class: over 50% of the car—2,700 parts—redesigned for the 29 Jan reveal. Larger 20% grille, illuminated star and three-point star lamps headline exterior; inside, the first full-MB.OS architecture integrates 27 sensors for real-time performance.
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2026 Toyota Raize Gets Minor MY Update in Indonesia: GR Sport Aero & 9-inch Head Unit
The 2026 Raize in Indonesia gains a GR Sport aero kit with front lip, diffuser-style rear skirt and black-to-red decals, plus a 9-inch touchscreen with wireless CarPlay/Android Auto across the range. Engines carry over—1.2L NA or 1.0T—and the GR Sport keeps the 98 PS turbo-three with D-CVT. Safety starts at two airbags; six airbags and full ADAS remain optional only on GR Sport. Prices now IDR 243.5-292.1 million, slightly undercutting better-equipped Malaysian twin Perodua Ativa.